ROHLEDER STEPHEN J 4
4 · COGNIZANT TECHNOLOGY SOLUTIONS CORP · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Cognizant (CTSH) Director Stephen J. Rohleder Receives Award
What Happened
- Stephen J. Rohleder, a Cognizant (CTSH) director, received a total of 165.52 derivative stock units on February 26, 2026. The grant is reported as three awards: 83.618, 64.048 and 17.854 units at $0.00 per unit (total reported value $0 on the Form 4). These units are deferred/restricted stock units issued as dividend equivalents on previously outstanding units.
Key Details
- Transaction date and price: 2026-02-26; reported price $0.00 (award/grant, code A).
- Units granted: 83.618 + 64.048 + 17.854 = 165.52 total deferred/restricted stock units.
- Post-transaction share ownership: not specified in the Form 4 filing.
- Footnotes: filings indicate these units arose from dividend equivalent rights on previously outstanding deferred stock units and restricted stock units. Most units are fully vested and the reporting person has elected to defer settlement; one tranche (per footnote) will vest on June 3, 2026.
- Timeliness: filing dated Mar 2, 2026 for a Feb 26, 2026 transaction; this appears to be later than the typical 2-business-day Form 4 deadline.
Context
- These are derivative awards (deferred stock units / restricted stock units), not open-market purchases or sales. Each unit represents a contingent right to receive one share of Class A common stock under the company’s director compensation guidelines. The reporting person has elected to defer settlement until a specified triggering event (change in control, death/permanent disability, or the first July 1 following termination), so no immediate share delivery or sale occurred.
Insider Transaction Report
Form 4
ROHLEDER STEPHEN J
Director
Transactions
- Award
Deferred Stock Units
[F1][F2]2026-02-26+83.618→ 16,546.243 total→ Class A Common Stock (83.618 underlying) - Award
Restricted Stock Units
[F3][F4]2026-02-26+64.048→ 12,673.71 total→ Class A Common Stock (64.048 underlying) - Award
Restricted Stock Units
[F5][F6]2026-02-26+17.854→ 3,533.017 total→ Class A Common Stock (17.854 underlying)
Footnotes (6)
- [F1]Reflects deferred stock units received pursuant to dividend equivalent rights accrued on previously outstanding deferred stock units. Each deferred stock unit represents a right to receive one share of Class A Common Stock of the Company.
- [F2]The deferred stock units are fully vested. The Reporting Person has elected, pursuant to the Company's Non-Employee Director Compensation Guidelines (the "Guidelines"), to defer settlement of such deferred stock units until the first to occur of (1) a change in control, (2) the death or permanent disability of the Reporting Person, or (3) the first July 1 following the date of the Reporting Person's termination of service (other than due to death or permanent disability).
- [F3]Reflects restricted stock units received pursuant to dividend equivalent rights accrued on previously outstanding restricted stock units. Each restricted stock unit represents a right to receive one share of Class A Common Stock of the Company.
- [F4]The restricted stock units are fully vested. The Reporting Person has elected, pursuant to the Company's Guidelines, to defer settlement of such restricted stock units until the first to occur of (1) a change in control, (2) the death or permanent disability of the Reporting Person, or (3) the first July 1 following the date of the Reporting Person's termination of service (other than due to death or permanent disability).
- [F5]Reflects restricted stock units received pursuant to dividend equivalent rights accrued on previously outstanding restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock of the Company.
- [F6]The restricted stock units will vest fully on June 3, 2026. The Reporting Person has elected, pursuant to the Company's Guidelines, to defer settlement of such restricted stock units until the first to occur of (1) a change in control, (2) the death or permanent disability of the Reporting Person, or (3) the first July 1 following the date of the Reporting Person's termination of service (other than due to death or permanent disability).
Signature
/s/ Melissa Glass, on behalf of Stephen J. Rohleder, by Power of Attorney|2026-03-02